American Assets chair buys 63K AAT shares
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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
American Assets Trust, Inc. (AAT) reported that Executive Chairman and ten percent owner Ernest S. Rady, through Ernest Rady Trust U/D/T March 10, 1983, purchased 63,586 shares of common stock in open-market or private transactions between August 17 and 19, 2026, at prices of $22.55–$22.77 per share. The filing also lists indirect holdings through several controlled entities and trusts, and direct holdings in an IRA, with Mr. Rady disclaiming beneficial ownership of those shares except to the extent of his pecuniary interest.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 63,586 shares
Net Buy
9 txns
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
63,586 shs ($1.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 F1 | 10,000 | $22.77 | $228K |
| Purchase | Common Stock, par value $0.01 F1 | 3,586 | $22.69 | $81K |
| Purchase | Common Stock, par value $0.01 F1 | 50,000 | $22.55 | $1.13M |
| holding | Common Stock, par value $0.01 F2 | -- | -- | -- |
| holding | Common Stock, par value $0.01 F3 | -- | -- | -- |
| holding | Common Stock, par value $0.01 F4 | -- | -- | -- |
| holding | Common Stock, par value $0.01 F5 | -- | -- | -- |
| holding | Common Stock, par value $0.01 F6 | -- | -- | -- |
| holding | Common Stock, par value $0.01 F7 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 8,866,117 shares (Indirect, By ERT);
Common Stock, par value $0.01 — 2,267,022 shares (Indirect, By AAI);
Common Stock, par value $0.01 — 1,275,336 shares (Indirect, By ICW);
Common Stock, par value $0.01 — 1,209,021 shares (Indirect, By RF);
Common Stock, par value $0.01 — 200,000 shares (Indirect, By EIC);
Common Stock, par value $0.01 — 107,859 shares (Indirect, By ESRT);
Common Stock, par value $0.01 — 66,680 shares (Direct)
Footnotes (7)
- F1. Represents shares held by Ernest Rady Trust U/D/T March 10, 1983 ("ERT"), for which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F2. Represents shares held by American Assets, Inc. ("AAI"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F3. Represents shares held by Insurance Company of the West ("ICW"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F4. Represents shares held by Rady Foundation ("RF"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F5. Represents shares held by Explorer Insurance Company ("EIC"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F6. Represents shares held by Evelyn Shirley Rady Trust U/D/T March 10, 1983 ("ESRT"), for which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F7. Represents shares held by Ernest Rady IRA.
Key Figures
Shares purchased Aug 17, 2026: 50,000 shares at $22.55 per share
Shares purchased Aug 18, 2026: 3,586 shares at $22.69 per share
Shares purchased Aug 19, 2026: 10,000 shares at $22.77 per share
+5 more
8 metrics
Shares purchased Aug 17, 2026
50,000 shares at $22.55 per share
Indirect open-market or private purchase by Ernest Rady Trust U/D/T March 10, 1983
Shares purchased Aug 18, 2026
3,586 shares at $22.69 per share
Indirect open-market or private purchase by Ernest Rady Trust U/D/T March 10, 1983
Shares purchased Aug 19, 2026
10,000 shares at $22.77 per share
Indirect open-market or private purchase by Ernest Rady Trust U/D/T March 10, 1983
Total net shares bought
63,586 shares
Net buy transactions reported for this Form 4
Indirect holding via AAI
2,267,022 shares
Shares of AAT common stock held by American Assets, Inc.
Indirect holding via ICW
1,275,336 shares
Shares of AAT common stock held by Insurance Company of the West
Indirect holding via Rady Foundation
1,209,021 shares
Shares of AAT common stock held by Rady Foundation
Direct holding via IRA
66,680 shares
Shares of AAT common stock held by Ernest Rady IRA
Key Terms
beneficial ownership, pecuniary interest, indirect ownership, open market or private transaction, +1 more
5 terms
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of such shares, except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
indirect ownership financial
"Represents shares held by American Assets, Inc. ("AAI"), which is directly controlled"
open market or private transaction financial
"Purchase in open market or private transaction"
trustee financial
"for which the Reporting Person is the trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AAT Executive Chairman Ernest S. Rady report in this Form 4?
Ernest S. Rady reported purchases totaling 63,586 AAT shares of common stock on August 17–19, 2026, at per-share prices between $22.55 and $22.77. These purchases were made indirectly through the Ernest Rady Trust U/D/T March 10, 1983.
Were the AAT insider purchases made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not marked as affirmative. The transactions are described as purchases in open market or private transactions, with no footnote stating that they were executed pursuant to a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
